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European Energy quadruples its profit

European Energy made significant gains in 2016 with major top and bottom line growth. The company is working to sell more projects under construction in locations including Denmark, Germany, and Italy.

A crack was discovered on the Forties Pipeline System in Scotland, while an explosion cost one fatality and injured at least 18 people at a gas plant in Austria. Repairs and concerns about dangerous incidents will only become more common in Europe's oil and gas infrastructure.